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02-06-2023
Business

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Vector, Inc., dominates the snack-food industry with its Salty Chip brand. Assume that Vector purchased Amazing Chips Company for $6.0 million cash. The market
value of Amazing Chips' assets is $9 million, and Amazing Chips has liabilities with a market value of $6.2 million.
Read the requirements. Requirement 1. Compute the cost of the goodwill purchased by Vector.

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